KVERNENGEN AS

0671 OSLO

Finances

Return on Equity

6,41 %

Current Ratio

7,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	150 000	336 000	139 000	144 000
Net Income	782 000	1 334 000	973 000	1 087 000
Total Assets	12 975 000	12 019 000	10 354 000	9 402 000
Total Equity	12 191 000	11 409 000	10 075 000	9 102 000

Income (NOK)	2022	2021	2020	2019
Revenue	150 000	336 000	139 000	144 000
Expenditure	356 000	286 000	237 000	203 000
Operating Profit	−206 000	50 000	−98 000	−58 000
Financial Income	1 013 000	1 326 000	1 073 000	1 145 000
Financial Costs	25 000	0	0	0
Financial Balance	988 000	1 326 000	1 073 000	1 145 000
Earnings Before Tax	782 000	1 377 000	976 000	1 087 000
Tax	0	43 000	3 000	0
Net Income	782 000	1 334 000	973 000	1 087 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 357 000	6 362 000	6 779 000	6 752 000
Total Current Assets	5 618 000	5 656 000	3 575 000	2 650 000
Total Assets	12 975 000	12 019 000	10 354 000	9 402 000
Total Retained Equity	10 779 000	9 996 000	8 663 000	7 690 000
Total Equity	12 191 000	11 409 000	10 075 000	9 102 000
Total Long-Term Debt	29 000	0	50 000	50 000
Total Current Debt	755 000	610 000	228 000	250 000
Total Equity and Debt	12 975 000	12 019 000	10 354 000	9 402 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	150 000	336 000	139 000	144 000
Other Income	0	0	0	0
Revenue	150 000	336 000	139 000	144 000
Cost of Goods Sold	0	0	0	0
Salary Costs	287 000	236 000	196 000	131 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	356 000	286 000	237 000	203 000
Operating Profit	−206 000	50 000	−98 000	−58 000
Financial Income	1 013 000	1 326 000	1 073 000	1 145 000
Financial Costs	25 000	0	0	0
Financial Balance	988 000	1 326 000	1 073 000	1 145 000
Dividends	0	0	0	0
Net Income	782 000	1 334 000	973 000	1 087 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	7 357 000	6 362 000	6 779 000	6 752 000
Total Fixed Assets	7 357 000	6 362 000	6 779 000	6 752 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 399 000	5 375 000	3 486 000	2 526 000
Total Current Assets	5 618 000	5 656 000	3 575 000	2 650 000
Total Assets	12 975 000	12 019 000	10 354 000	9 402 000
Total Equity	12 191 000	11 409 000	10 075 000	9 102 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	29 000	0	50 000	50 000
Creditors	0	0	0	0
Unpaid Taxes	37 000	81 000	3 000	71 000
Dividends	0	0	0	0
Other Current Debt	718 000	486 000	223 000	179 000
Total Current Debt	755 000	610 000	228 000	250 000
Total Equity and Debt	12 975 000	12 019 000	10 354 000	9 402 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,41 %	11,69 %	9,66 %	11,94 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−137,33 %	14,88 %	−70,5 %	−40,28 %
Current Ratio	7,44	9,27	15,68	10,6
Quick Ratio	7,44	9,27	15,68	10,6
Equity Ratio	0,94	0,95	0,97	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %